Terminals

Converge has acquired Fairway Energy Partners’ crude oil storage tanks, pipelines, and the footprint of a terminal in Houston, Texas.

Pavilion Energy Pte Ltd has entered into an agreement to purchase the portfolio of LNG assets of Iberdrola.

The Port of Brownsville has received a key permit to advance the Brazos Island Harbor Channel Improvement Project (BIH) to its construction phase.

Standic will build a new chemical storage terminal in Port of Antwerp, doubling its capacity.

Rystad Energy believes that OPEC+ countries will not be able to increase oil production levels in the second half of 2019 without having a detrimental effect on oil prices.

Howard Energy Partners has announced the expansion of its Port Arthur and Corpus Christi bulk liquid terminals, raising terminal capacity to 2.6 million bbl.

Commonwealth LNG and Gunvor Singapore have signed a HOA for the offtake of 1.5 million tpy of LNG.

The Polish Oil and Gas Company (PGNiG) has signed an agreement with Venture Global LNG to purchase an additional 1.5 million tpy of LNG.

Gasum has announced that the joint venture, Manga LNG, has opened the LNG terminal in Röyttä harbour, Tornio, in Finland.

InfraStrata has signed a binding term sheet with Vitol to enter into a gas storage agreement for long-term capacity offtake at a proposed storage facility in Northern Ireland.

Lindsay Goldberg’s 49% shareholding in Odfjell Terminals US has been sold to Northleaf Capital Partners.

BP will store over 1 million bbl in IEnova receipt and storage terminals in Manzanillo and Guadalajara, Mexico.

GlobalData has reported that North America and Asia will be the frontrunners in terms of global LNG liquefaction and regasification capacity growth.

In a move to develop Angola’s natural gas infrastructure, New Fortress Energy has signed an MoU with three Angolan Ministries regarding a new LNG terminal.

SENER has named Borja Zárraga as Business Development and Commercial Manager of the company’s Energy sector.